Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $18.9M | $68M | $115.7M | $96.4M | $64.5M | |
| Revenue Growth (YoY) | 654.87% | 259.63% | 70.1% | -16.66% | -33.07% | |
| Cost of Revenues | $10.3M | $42.6M | $72.7M | $69M | $60.7M | |
| Gross Profit | $8.6M | $25.4M | $42.9M | $27.4M | $3.8M | |
| Gross Profit Margin | 45.58% | 37.35% | 37.12% | 28.4% | 5.88% | |
| R&D Expenses | $458.3K | $382.3K | $188.1K | $105.2K | $111.8K | |
| Selling, General & Admin | $7.9M | $15.6M | $27.6M | $26M | $29.1M | |
| Other Inc / (Exp) | -$12M | -$2.9M | $5M | -$21.5M | -$6M | |
| Operating Expenses | $8.1M | $16.7M | $28.3M | $24.3M | $26.3M | |
| Operating Income | $514.4K | $8.7M | $14.6M | $3.1M | -$22.5M | |
| Net Interest Expenses | $1.2M | $1.6M | $4.5M | $6.8M | $6.2M | |
| EBT. Incl. Unusual Items | -$11.1M | $5.8M | $13M | -$16.6M | -$23.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -$659.5K | $3.5M | $27.7K | $609.5K | -$3.9M | |
| Net Income to Company | -$10.5M | $2.3M | $13M | -$17.2M | -$19.7M | |
| Minority Interest in Earnings | $346.3K | $805.9K | -$318.5K | -$426.8K | -$1.4M | |
| Net Income to Common Excl Extra Items | -$10.5M | $2.3M | $13M | -$17.2M | -$19.7M | |
| Basic EPS (Cont. Ops) | -$0.43 | $0.04 | $0.29 | -$0.37 | -$0.40 | |
| Diluted EPS (Cont. Ops) | -$0.43 | $0.04 | $0.29 | -$0.37 | -$0.40 | |
| Weighted Average Basic Share | $25.4M | $38.5M | $45.4M | $45.6M | $45.9M | |
| Weighted Average Diluted Share | $25.4M | $40.8M | $45.4M | $45.6M | $45.9M | |
| EBITDA | $1.5M | $11M | $18.1M | $6.6M | -$18.4M | |
| EBIT | $514.4K | $8.7M | $14.6M | $3.1M | -$22.5M | |
| Revenue (Reported) | $18.9M | $68M | $115.7M | $96.4M | $64.5M | |
| Operating Income (Reported) | $514.4K | $8.7M | $14.6M | $3.1M | -$22.5M | |
| Operating Income (Adjusted) | $514.4K | $8.7M | $14.6M | $3.1M | -$22.5M | |
| Period Ending | 2019-06-30 | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $773K | $3.2M | $13.9M | $28.4M | $28.1M | |
| Revenue Growth (YoY) | -- | -- | 335.21% | 105.16% | -1.38% | |
| Cost of Revenues | $740.7K | $1.8M | $8M | $16M | $19.1M | |
| Gross Profit | $32.3K | $1.4M | $5.9M | $12.4M | $9M | |
| Gross Profit Margin | 4.18% | 43.04% | 42.6% | 43.6% | 32.04% | |
| R&D Expenses | $44.8K | $117.4K | $109.1K | $52.5K | $27.1K | |
| Selling, General & Admin | $4.1M | $920.9K | $3.4M | $6.8M | $6.8M | |
| Other Inc / (Exp) | $1.3M | $13.1K | $138.6K | -$300K | -$246K | |
| Operating Expenses | $4.2M | $1.8M | $3.5M | $7.4M | $7.1M | |
| Operating Income | -$4.1M | -$448.3K | $2.4M | $5M | $1.9M | |
| Net Interest Expenses | $356.9K | $40.7K | $123.5K | $1.1M | $1.7M | |
| EBT. Incl. Unusual Items | -$3.2M | -$278.6K | $2.6M | $6.3M | $110.4K | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -$9.7K | -- | $778K | $1.7M | -$909.7K | |
| Net Income to Company | -- | -$278.6K | $2M | $4.6M | -- | |
| Minority Interest in Earnings | -- | -- | -$77.9K | -$48.4K | -$317.1K | |
| Net Income to Common Excl Extra Items | -$3.2M | -$278.6K | $1.8M | $4.6M | $1M | |
| Basic EPS (Cont. Ops) | -$0.14 | -$0.01 | $0.04 | $0.10 | $0.03 | |
| Diluted EPS (Cont. Ops) | -$0.14 | -$0.01 | $0.04 | $0.10 | $0.03 | |
| Weighted Average Basic Share | $23.7M | $24.4M | $42.7M | $45.4M | $45.6M | |
| Weighted Average Diluted Share | $23.7M | $24.4M | $51.6M | $46M | $45.6M | |
| EBITDA | -$2.8M | -$330.7K | $2.8M | $5.7M | $2.8M | |
| EBIT | -$2.9M | -$448.3K | $2.4M | $5M | $1.9M | |
| Revenue (Reported) | $773K | $3.2M | $13.9M | $28.4M | $28.1M | |
| Operating Income (Reported) | -$4.1M | -$448.3K | $2.4M | $5M | $1.9M | |
| Operating Income (Adjusted) | -$2.9M | -$448.3K | $2.4M | $5M | $1.9M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $19.1M | $68.3M | $115.6M | -- | $64.3M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $10.2M | $38.1M | $70.5M | -- | $56.2M | |
| Gross Profit | $8.9M | $30.2M | $45.1M | -- | $8.1M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $458.3K | $381.3K | $188.3K | -- | $111.5K | |
| Selling, General & Admin | $5M | $15.6M | $27.8M | -- | $22.8M | |
| Other Inc / (Exp) | -$11.8M | -$3M | $4.8M | -- | -$6M | |
| Operating Expenses | $8.3M | $18.1M | $30.3M | -- | $20.3M | |
| Operating Income | $603.9K | $12.1M | $14.8M | -- | -$12.2M | |
| Net Interest Expenses | $192.4K | $3M | $3.9M | -- | $5.4M | |
| EBT. Incl. Unusual Items | -$10.8M | $5.6M | $13.4M | -- | -$23.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -$682.7K | $3.6M | $245.6K | -- | -$3.9M | |
| Net Income to Company | -$10.1M | $2.3M | $13.2M | -- | -- | |
| Minority Interest in Earnings | $54.1K | $803.4K | -$266.1K | -- | $1.3M | |
| Net Income to Common Excl Extra Items | -$10.1M | $2M | $13.2M | -- | -$18.3M | |
| Basic EPS (Cont. Ops) | -$0.43 | $0.04 | $0.30 | -- | -$0.40 | |
| Diluted EPS (Cont. Ops) | -$0.43 | $0.03 | $0.29 | -- | -$0.40 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $1.6M | $14.6M | $18.3M | -- | -$18.1M | |
| EBIT | $603.9K | $12.1M | $14.8M | -- | -$18.1M | |
| Revenue (Reported) | $19.1M | $68.3M | $115.6M | -- | $64.3M | |
| Operating Income (Reported) | $603.9K | $12.1M | $14.8M | -- | -$12.2M | |
| Operating Income (Adjusted) | $603.9K | $12.1M | $14.8M | -- | -$18.1M | |
| Period Ending | 2021-12-11 | 2022-12-11 | 2023-12-11 | 2024-12-11 | ||
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -- | -- | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Weighted Average Basic Share | -- | -- | -- | -- | -- | |
| Weighted Average Diluted Share | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -- | -- | -- | -- | -- | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $11.9M | $69.9M | $69.9M | $30.8M | $21.9M | |
| Short Term Investments | $117K | $106.3K | $58.1K | $52K | $91.2K | |
| Accounts Receivable, Net | $3.9M | $5.6M | $10.5M | $16.8M | $14.2M | |
| Inventory | $7M | $24.4M | $36.2M | $37.7M | $35.6M | |
| Prepaid Expenses | $140.8K | $1.6M | $887.6K | $356.9K | $413.6K | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $23.9M | $108M | $143.8M | $116.3M | $107.5M | |
| Property Plant And Equipment | $16.7M | $27.8M | $29.2M | $27.1M | $28.9M | |
| Long-Term Investments | $978.3K | $824.1K | $12.1M | $6.8M | $705.3K | |
| Goodwill | $59.2M | $86.4M | $80.6M | $61.4M | $61.5M | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $101.6M | $223.8M | $271.5M | $218.4M | $209.3M | |
| Accounts Payable | $5.8M | $20.7M | $35.7M | $21.8M | $21.3M | |
| Accrued Expenses | $1.1M | $3.6M | $3M | $3.5M | $3.9M | |
| Current Portion Of Long-Term Debt | $565.8K | $23.3M | $36.3M | $24.5M | $19M | |
| Current Portion Of Capital Lease Obligations | $227.8K | $1.1M | $1.2M | $1.3M | $1.3M | |
| Other Current Liabilities | -- | $5.1M | $2.9M | $1.1M | $10.4M | |
| Total Current Liabilities | $9.3M | $62.2M | $88.6M | $62.7M | $62.2M | |
| Long-Term Debt | $1.3M | $10.7M | $34.8M | $28.6M | $37.6M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $10.6M | $73M | $123.7M | $91.5M | $100.1M | |
| Common Stock | $140.9M | $200.3M | $179.1M | $178.6M | $180.8M | |
| Other Common Equity Adj | $743.2K | $769.3K | $677.1K | $4.4M | $4.4M | |
| Common Equity | $85.5M | $143.9M | $142.1M | $126.4M | $108.9M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $5.5M | $6.9M | $5.7M | $541.5K | $192.7K | |
| Total Equity | $91M | $150.8M | $147.8M | $126.9M | $109.1M | |
| Total Liabilities and Equity | $101.6M | $223.8M | $271.5M | $218.4M | $209.3M | |
| Cash and Short Terms | $11.9M | $69.9M | $69.9M | $30.8M | $21.9M | |
| Total Debt | $1.7M | $11.8M | $36M | $29.8M | $39M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $11.9M | $69.9M | $69.9M | -- | $21.4M | |
| Short Term Investments | $117K | $106.3K | $58.1K | -- | $91.2K | |
| Accounts Receivable, Net | $3.9M | $5.6M | $10.5M | -- | $14.2M | |
| Inventory | $7M | $24.4M | $36.2M | -- | $34.3M | |
| Prepaid Expenses | $140.8K | $1.6M | $887.6K | -- | $1.6M | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $23.9M | $108M | $143.8M | -- | $107.3M | |
| Property Plant And Equipment | $16.7M | $27.8M | $29.2M | -- | $28.8M | |
| Long-Term Investments | $978.3K | $824.1K | $12.1M | -- | $587.7K | |
| Goodwill | $59.2M | $86.4M | $80.6M | -- | $61.5M | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $101.6M | $223.8M | $271.5M | -- | $208.7M | |
| Accounts Payable | $5.8M | $20.7M | $35.7M | -- | $21.2M | |
| Accrued Expenses | $1.1M | $3.6M | $3M | -- | $3.9M | |
| Current Portion Of Long-Term Debt | $565.8K | $23.3M | $36.3M | -- | $19M | |
| Current Portion Of Capital Lease Obligations | $227.8K | $1.1M | $1.2M | -- | $1.3M | |
| Other Current Liabilities | -- | $5.1M | $2.9M | -- | $10.4M | |
| Total Current Liabilities | $9.3M | $62.2M | $88.6M | -- | $62.1M | |
| Long-Term Debt | $1.3M | $10.7M | $34.8M | -- | $31.2M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $10.6M | $73M | $123.7M | -- | $99.9M | |
| Common Stock | $140.9M | $200.3M | $179.1M | -- | $180.3M | |
| Other Common Equity Adj | $743.2K | $769.3K | $677.1K | -- | $4.4M | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $5.5M | $6.9M | $5.7M | -- | $192.2K | |
| Total Equity | $91M | $150.8M | $147.8M | -- | $108.9M | |
| Total Liabilities and Equity | $101.6M | $223.8M | $271.5M | -- | $208.7M | |
| Cash and Short Terms | $11.9M | $69.9M | $69.9M | -- | $21.5M | |
| Total Debt | $1.7M | $11.8M | $36M | -- | $50.2M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$10.5M | $2.3M | $13M | -$17.2M | -$19.7M | |
| Depreciation & Amoritzation | $945.9K | $2.3M | $3.5M | $3.6M | $4.2M | |
| Stock-Based Compensation | $2.9M | $2M | $2.7M | $702.8K | $616.2K | |
| Change in Accounts Receivable | -$1.3M | $1.3M | $5M | -$24M | $3.6M | |
| Change in Inventories | -$4.7M | -$5.5M | -$22.6M | $10.9M | -$4.7M | |
| Cash From Operations | $2.3M | $7.7M | $10.1M | -$20M | -$22.2M | |
| Capital Expenditures | $6.1M | $4.3M | $5.9M | $710.1K | $1.3M | |
| Cash Acquisitions | -- | $5.9M | -- | -- | -$299.3K | |
| Cash From Investing | -$6.6M | -$14M | -$44.6M | -$179.5K | $2.5M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $232.6K | $23.4M | $78.7M | $17M | $51M | |
| Long-Term Debt Repaid | -$4.2M | -$3M | -$37.5M | -$33.9M | -$48.9M | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -$26.5K | |
| Cash From Financing | $7.4M | $62.9M | $41M | -$16.8M | $11.3M | |
| Beginning Cash (CF) | $11.8M | $69.8M | $69.9M | $30.8M | $21.9M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $3.1M | $55.2M | $8.6M | -$36.9M | -$8.5M | |
| Ending Cash (CF) | $14.9M | $123.6M | $80.6M | -$6M | $13.4M | |
| Levered Free Cash Flow | -$3.8M | $3.4M | $4.2M | -$20.7M | -$23.5M | |
| Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | $3.1M | -$883.1K | $1.5M | -- | |
| Depreciation & Amoritzation | -- | $321.4K | $1M | $1.2M | -- | |
| Stock-Based Compensation | -- | $502.7K | $412.2K | $783.7K | -- | |
| Change in Accounts Receivable | -- | $445K | $3.2M | $9.8M | -- | |
| Change in Inventories | -- | -$1.9M | -$3.3M | -$3M | -- | |
| Cash From Operations | -- | $2.8M | $2M | $11M | -- | |
| Capital Expenditures | $1.6M | $1.4M | $2.4M | $1.3M | -- | |
| Cash Acquisitions | -- | -- | -$748.2K | -$3.6M | -- | |
| Cash From Investing | -- | -$1.9M | -$1.9M | -$20M | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | $232.6K | $3.8M | -- | -- | |
| Long-Term Debt Repaid | -$33.9K | -$4M | -$1.4M | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -$96.8K | -- | -- | -- | -- | |
| Cash From Financing | -- | -$3.9M | $4.8M | $12.1M | -- | |
| Beginning Cash (CF) | -- | $11.8M | $69.8M | $69.9M | -- | |
| Foreign Exchange Rate Adjustment | -- | $16.5K | -$1.2M | -$300.3K | -- | |
| Additions / Reductions | -- | -$3M | $3.6M | $2.7M | -- | |
| Ending Cash (CF) | -- | $8.9M | $72.2M | $72.2M | -- | |
| Levered Free Cash Flow | -$1.9M | $1.4M | -$458.3K | $9.6M | -- | |
| Period Ending | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | $6.6M | $8.5M | -- | -- | |
| Depreciation & Amoritzation | -- | $1.5M | $3M | -- | -- | |
| Stock-Based Compensation | -- | $2.4M | $1.6M | $399.8K | $2.1M | |
| Change in Accounts Receivable | -- | $1M | -$430.8K | -- | -- | |
| Change in Inventories | -- | -$4.8M | -$13.2M | -- | -- | |
| Cash From Operations | -- | $7.6M | $5.9M | -- | -- | |
| Capital Expenditures | $3.3M | $4.2M | $6.4M | $2.8M | -- | |
| Cash Acquisitions | -- | $2.2M | $3.8M | -$1.4M | -$1.4M | |
| Cash From Investing | -- | -$6.1M | -$21.4M | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -$181.8K | -$4.5M | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | $56.6M | $28.5M | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | $58.3M | $14M | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | $3.5M | -$555.6K | -- | -- | |
| Period Ending | 2021-12-11 | 2022-12-11 | 2023-12-11 | 2024-12-11 | ||
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
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